PRESS RELEASE

from Innodata Inc. (NASDAQ:INOD)

PR CoPilot by Innodata Subsidiary Agility PR Solutions Ushering in New Era of AI-Augmentation for PR Professionals

Generative AI Tool Helping PR Pros Achieve Unprecedented Gains in Productivity and Impact

NEW YORK, NY / ACCESSWIRE / February 21, 2023 / Innodata Inc. (NASDAQ:INOD), a leading data engineering company, announced that public relations agencies and departments are rapidly adopting PR CoPilot™ and providing glowing feedback about how it benefits their businesses. Innodata launched PR CoPilot last month as a module within its Agility PR platform.

"I love Agility's PR CoPilot," said Tim Brown, CEO of Candid Communications. "It provides an efficient and effective way to create a press release within minutes. [It] generates releases that flow content and quotes in the most natural order. It can produce the first draft of a press release in under two minutes- a task that often took hours. If you're new to press release writing, PR CoPilot is a lifesaver. If you're a seasoned writer, this vaults you to the next level so you can focus on crafting the message instead of creating it."

Alvina Vasquez, CEO of Powermap Ltd, added: "I love PR CoPilot! It allows me to offer my clients quicker service."

"Since our late January launch, we've seen steady increases in adoption of PR CoPilot with more customers gaining access each week. We're also enjoying strong and growing interest from non-Agility customers," said Martin Lyster, CEO of Agility PR Solutions. "Our version 1.0 is already transforming the PR game from a productivity perspective. We expect our version 2.0 release, slated for March, to couple jaw-dropping productivity with the kind of impact gains that take campaigns to new heights and enable our customers to truly unleash their PR superpowers."

Leveraging proprietary Innodata technology and OpenAI's GPT large language models, PR CoPilot is believed to be the first AI writing assistant built natively into a fully-integrated PR platform. The upcoming product roadmap calls for the integration of additional proprietary and third-party models and technology.

PR professionals are finding a range of benefits to using PR CoPilot:

  • Time-savings: with PR CoPilot, PR professionals are generating first drafts of press releases and media outreach in record time. Simply input the key points of a press release and PR CoPilot delivers in seconds a draft that can be further edited and refined.
  • Increased productivity: By using PR CoPilot, PR professionals can generate high-quality media outreach at scale.
  • Improved amplification: With PR CoPilot, media outreach can be highly personalized to better reflect a target's preferences and interests.
  • Higher quality: Using PR CoPilot means getting to the truly creative part of PR faster. It enables PR professionals to spend their time on what is truly value-adding and creative.
  • Better consistency: With PR CoPilot, PR professionals are finding it easy to align messaging to their clients' branding and tone.
  • No more searching: By using PR CoPilot, PR professionals avoid time-consuming and painstaking searches for press release precedents and templates.

To learn more about PR CoPilot or to take it for a test drive, visit https://agilitypr.com/prcopilot.

To learn more about integrating and customizing generative AI, transformer models, and OpenAI's ChatGPT for your products and operations, visit https://innodata.com/generative-ai/.

About Innodata

Innodata (NASDAQ: INOD) is a global data engineering company delivering the promise of AI to many of the world's most prestigious companies. We provide AI-enabled software platforms and managed services for AI data collection/annotation, AI digital transformation, and industry-specific business processes. Our low-code Innodata AI technology platform is at the core of our offerings. In every relationship, we honor our 30+ year legacy of delivering the highest quality data and outstanding service to our customers. Visit www.innodata.com to learn more.

About Agility

Agility, INNODATA INC.'s AI-enabled industry platform for public relations and media analysis, streamlines media monitoring, outreach, and media intelligence in one intuitive platform for public relations professionals. Global organizations rely on Agility to help them achieve ambitious business goals using an outcome-based approach. Software backed by deep expertise offers high-performance results and PR insights for brands with advanced requirements in a shifting media landscape. Agility enables success for today's communicators by providing innovative technology, outstanding data quality, and high-caliber support.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Words such as "project," "believe," "expect," "can," "continue," "could," "intend," "may," "should," "will," "anticipate," "indicate," "forecast," "predict," "likely," "goals," "estimate," "plan," "potential," or the negatives thereof and other similar expressions generally identify forward-looking statements, which speak only as of the date hereof.

These forward-looking statements are based on management's current expectations, assumptions and estimates and are subject to a number of risks and uncertainties, including without limitation, the expected or potential effects of the novel coronavirus ("COVID-19") pandemic and the responses of governments, the general global population, our customers, and the Company thereto; impacts resulting from the rapidly evolving conflict between Russia and the Ukraine; that contracts may be terminated by customers; projected or committed volumes of work may not materialize; continuing reliance on project-based work in the Digital Data Solutions ("DDS") segment and the primarily at-will nature of such contracts and the ability of these customers to reduce, delay or cancel projects; the likelihood of continued development of the markets, particularly new and emerging markets, that our services support; continuing DDS segment revenue concentration in a limited number of customers; potential inability to replace projects that are completed, canceled or reduced; our dependency on content providers in our Agility segment; difficulty in integrating and deriving synergies from acquisitions, joint venture and strategic investments; potential undiscovered liabilities of companies and businesses that we may acquire; potential impairment of the carrying value of goodwill and other acquired intangible assets of companies and businesses that we acquire; a continued downturn in or depressed market conditions, whether as a result of the COVID-19 pandemic or otherwise; changes in external market factors; the ability and willingness of our customers and prospective customers to execute business plans that give rise to requirements for our services; changes in our business or growth strategy; the emergence of new, or growth in existing competitors; various other competitive and technological factors; the Company's use of and reliance on information technology systems, including potential security breaches, cyber-attacks, privacy breaches or data breaches that result in the unauthorized disclosure of consumer, customer, employee or Company information, or service interruptions; and other risks and uncertainties indicated from time to time in our filings with the Securities and Exchange Commission.

Our actual results could differ materially from the results referred to in forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, uncertainty around the COVID-19 pandemic and the effects of the global response thereto and the risks discussed in Part I, Item 1A. "Risk Factors," Part II, Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations," and other parts of our Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 24, 2022, as updated or amended by our other filings that we may make with the Securities and Exchange Commission. In light of these risks and uncertainties, there can be no assurance that the results referred to in the forward-looking statements will occur, and you should not place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date hereof.

We undertake no obligation to update or review any guidance or other forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by the Federal securities laws.

Company Contact:

Marcia Novero
mnovero@innodata.com
201-371-8015

SOURCE: Innodata Inc.



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